They have absorbed the losses on the old operation and have cut margins to build volume making their factory more efficient. Volume is the fuel that drives productivity in this business. I have been to this factory and it is a state of the art operation. High quality and great growth opportunity and the RE will drive a stake in the heart of all shorts over the next 3 years. Wow 1 To have that kind of property under control in the biggest enterprise growth area of China is unbelievable ! Going to be a a potential 10 bagger. Come on shorts we can use your money. No debt, Positive cash from operations and free cash flow and huge sales growth and we have a cry baby trying to say this is bad. Ha ha going to be great.
I just looked at the chart. Very very bullish. I expect it to take out the recent high of 8.79 this week. Good numbers and excellent news. I look for no real slow down until we break into the low 9 area. Then RE developmnet news can drive us up from there. Great move shorts will help us out now.